NGSC Limited

About Us

Company Profile

NGSC Limited (B07.SI) is an investment holding company.
Through its subsidiaries, the Group is currently engaged in the business of providing satellite-based services to a variety of industries
including educational and financial institutions in the People’s Republic of China (PRC), telecommunications services in rural
areas of the PRC and Indonesia, and data centre services in Indonesia.

Building, operating and leasing of base station controllers for universal service obligation (USO) sites to enable
telecommunication services in remote areas.

Provision of data centre, international network and engineering services.

The Company's vision is to become a leading satellite communications and telecommunication solutions service provider in Asia.
The Group will continue to seek investment opportunities in other satellite communications and telecommunications infrastructure
in the region.

Board of Directors

Mr Andrew Coulton took up the role as Non-Executive Non-Independent Chairman in February 2016. He was first appointed
to the Board of NGSC Limited (“NGSC”) as Executive Director in March 2014 and as Executive Chairman in August 2014.

Mr Coulton spent 10 years as Chairman and Principal of Saffar Capital Limited, an investment and advisory firm focused on
the Middle East and North Africa (“MENA”) region. Prior to Saffar, Mr Coulton was the Managing Director and MENA Regional
Chief Executive Officer of Deutsche Bank AG. Mr Coulton started his career and was a 15 years veteran at Goldman, Sachs and Co.
with responsibility over listed derivatives business.

Mr. Vicente S. Ku joined the Board as Non-Executive Director in January 2015, and was appointed as Executive Director
in April 2015. In August 2015, he took over as Managing Director and Chief Executive Officer.

Mr. Ku has over 40 years of business experience in the field of corporate finance, asset management, banking, trading,
project development, financial services and regulatory compliance.

He was an Executive Director of Manila-based property development company, Yeeloofa Development Corporation for 6 years.
Prior to that, he spent 4-1/2 years with ASG Brokerage Limited, the Hong Kong subsidiary of one of Taiwan's big four
stockbroking houses, where he took overall responsibility over its finance and compliance matters. Before that, he worked
20 years for the family office of a major Philippine business group, where he was based in Hong Kong and was responsible
for the management of the group's various offshore investments and logistics operations supporting the group's international
trading business. Between 1980 and 1982, Mr. Ku was the Deputy Managing Director of First CBC Capital Limited, the Hong Kong
subsidiary of China Banking Corporation of the Philippines.

Mr. Ku began his career with Ayala Investment and Development Corporation (currently known as BPI Capital Corporation) and
International Corporate Bank (currently known as Union Bank of the Philippines) after graduating Cum Laude in Economics
from De La Salle University, Philippines.

Dr Michael Sun was appointed to the Board in March 2014. Dr Sun worked with the Hughes Network Systems, LLC (and together with its subsidiaries,
”Hughes Group”) for more than 20 years, before taking up his current position as CEO of HughesNet China, a joint venture between NGSC and
Hughes Group. Dr Sun is credited with the establishment of Hughes’ operations in China and its development into a dominant supplier of
very small aperture terminal (“VSAT”) systems, with customers in almost every major government organisation in China. Prior to working for
Hughes, Dr Sun was employed by General Electric Information Systems (“GE”), where he was responsible for marketing and development of GE’s
centralised time-sharing information network service.

Before GE, Dr Sun worked for Sprint Telenet as Senior Director, Network Design. Dr Sun started his career with Computer Sciences
Corporation where he was a senior program analyst supporting NASA Goddard Space Flight Center.

Dr Sun received his PhD in Physical Chemistry from Georgetown University in 1976. He also holds a MSc in Computer Science from The
Johns Hopkins University, an MBA from Marymount University of Virginia and a BSc from National Cheng Kung University in Taiwan
in 1970.

Mr Edward Fu Shu Sheen was appointed to the Board in October 2014. He is the Executive Adviser of KF Property Network Pte Ltd
(Knight Frank) and possesses more than 30 years of experience in credit, corporate banking, debt restructuring and recovery,
loan syndications and private banking with domestic and foreign banks. Mr Fu previously served as Vice President at Societe
Generale and has also held senior appointments with leading financial institutions such as Crosby Advisory (Singapore) Pte Ltd.,
Hill Samuel Merchant Bank Asia Ltd. and Australia & New Zealand Banking Group Ltd.

He currently also serves as Director on the Board of Continental Investment & Trading Company Pte Ltd. He was an Independent
Director of GSH Corporation Limited from 2007 to 2012 and of John Edward Consultancy Pte Ltd from 1999 to 2013.

Mr Fu holds a BA in Economics and Political Science from University of Singapore.

He possesses over 15 years of experience in various accounting and finance roles, and is currently the Financial Controller
of Hong Kong-based Gold East Paper Trading(HK)Co.Ltd. He was previously the Chief Financial Officer Designate of
Singapore-listed Sinwa Ltd., and, prior to that, the Financial Controller of Sinar Mas Paper(China)Co.Ltd.

Mr Ng was appointed to the Board in July 2016. Mr Ng holds a Bachelor of Business Administration from the
National University of Singapore and is a Chartered Accountant of Singapore.

Madam Cheung Kam Wa was appointed to the Board in June 2017. She is currently the Chief Operating Officer of
Sapphire Corporation Limited and possesses, another listed company on SGX. She has more than 20 years of corporate
management experience, mainly in the areas of commodity trading, logistics, mergers and acquisitions. Madam Cheung
is both knowledgeable and familiar with commercial regulations in China and of most Asian countries.

Before that, Madam Cheung held senior management positions at Sichuan Tranvic Group in China and was the General
Manager of HSC Resources Ltd in Hong Kong. She was the executive director and Chief Operating Officer with Dransfield
Holding Ltd (then listed on the HKSEC). Madam Cheung is a graduate of Peking University, China, and obtained her
Master’s degree in Law from the Chinese Academy of Social Sciences, Beijing.

Mr. Li founded Raymond Li & Co., C.P.A. in 1993 and is its sole proprietor. Mr. Li has been an Independent Non-Executive
Director of Shanghai Zendai Property Ltd. from April 2012 to May 2017. Mr Li was appointed as Independent Non-Executive
Director of Anacle Systems Limited (a company listed on the Growth Enterprise Market, of the Hong Kong Stock Exchange)
since November 2016. He has been an Independent Director at NGSC since February 2016. He has been a Trustee of Lingnan
(University) College, Dr. Sun Yat-Sen University, Guangzhou, PRC since 2009. In 2011, he was appointed as a Court Member of
Lingnan University of Hong Kong. He chaired Lingnan University Alumni Association (Hong Kong) Limited from 2006 to 2008, and
was elected as the Chairman of Chinese Christian Universities Alumni Association (Hong Kong) Limited from 2007 to 2008.
He was nominated to act as the Director of Lingnan University Hong Kong Alumni D.S.S. Primary School Limited from 2005 to 2011.
He was qualified as a Certified Practicing Accountant in Hong Kong since 1992.

Mr. Li graduated with Diploma in Business Administration, with a major in Accounting, from Lingnan College (now known as
Lingnan University) in Hong Kong in 1981. He is a Member of Hong Kong Institute of Certified Public Accountants and Association
of Chartered Certified Accountants in United Kingdom from 1988 and Obtained a Membership of Certified Management Accountants
of Canada in 1990 after taking the accountancy courses in York University, Canada.

Madam Sri Tjintawati Hartanto was appointed to the Board in January 2009. She is a non-executive director who supports the
Company in its affairs on a “when-needed” basis. Madam Hartanto also provides an oversight over the Group’s current business
in Indonesia. She possesses more than 20 years of experience in accounting, finance and administration.

Madam Hartanto graduated with a Bachelor of Accountancy from Surabaya University in Indonesia. She was
born and educated in Indonesia, and is currently a permanent resident in Hong Kong.

Mr Lye Meng Yiau was appointed to the Board in August 2014. Prior to his appointment, he was Vice President at
OWW Capital Partners Pte. Ltd. and was responsible for venture investments. He accumulated more than 10 years of
experience in logistics and investments within the Heidelbergcement Group, where his last-held position was Manager for
Strategy and Business Development (M&A) in Asia. Mr Lye has worked on investment projects in technology, infrastructure
and utilities. He started his career as an analyst in a subsidiary of Temasek Holdings, after graduating with a Bachelor
of Business Administration from the National University of Singapore.

Mr Lai Chik Fan was born in China in 1948, grew up and went to school in Hong Kong, before graduating from Indiana State
University in the US in 1975. He is the principal at A R Evans Capital Partners Inc. Mr Lai possesses more than 30 years
of experience in the financial services sector. He was previously CEO of Koffman Financial Holdings Limited and had held
senior positions at various reputable financial institutions in Hong Kong including Managing Director at Smith Barney
Shearson (Asia) Limited, Merrill Lynch (Asia Pacific) Limited and Paine Webber Hong Kong Limited. He was the Group
Managing Director of Chin Tung Financial Holdings which eventually became the investment banking arm of Standard Chartered
Bank in Asia.

Mr Lai has served on the Board of several listed companies, including Hsin Chong Group Holdings Limited, Shanghai Zendai
Property Ltd, China Golden Development Holdings Ltd and China Medical and Bio Science Limited. Mr Lai also sits on the Board
of NGSC Limited in Singapore.

Key Management

Mr Koit joined the Group in August 2012 and was appointed as Regional Finance Manager in February 2014. In December 2016,
he was appointed as Financial Controller and is responsible for the Group’s overall finance and accounting functions
(the Company and its subsidiaries), including risk compliance and reporting functions in accordance with the Singapore laws
and regulations.

Mr Koit has over 14 years of experience in the areas of financial and management accounting, taxation and including audit
and assurance. Prior to joining the Group, he was with audit firms such as Crowe Horwath First Trust LLP, BDO LLP, Baker
Tilly Malaysia and Crowe Horwath Malaysia, providing audit services to a broad range of clients including technology,
manufacturing, trading, construction, shipping, as well as other private and public-listed companies.

Mr Koit has obtained his professional accountancy qualification from the Association of Chartered
Certified Accountants (ACCA) and is a member of the Institute of Singapore Chartered Accountants.